Hey Matt or Steve, your

    Posted by mshokry on 10th of Oct 2019 at 03:12 pm

    Hey Matt or Steve, your thoughts on GDXJ/ GDX reversal candles on daily on a day gold is down?

    it's constructive like Steve says.

    Posted by matt on 10th of Oct 2019 at 03:35 pm

    it's constructive like Steve says. the main resistance on the daily is the downtrend line which still has to be cleared.

    in the short term the GDX/GLD ratio MA's have been positive all week on the 15 min time frame.

    here's a 60 min chart, you have a higher lower to place a stop at if you are long

    Somewhat constructive - let's see

    Posted by steve on 10th of Oct 2019 at 03:28 pm

    Somewhat constructive - let's see how we close 

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!